
$Zhengye Biotechnology(ZYBT.US) surged from around $0.7 directly to above $8 today, jumping 1047% in a single day, with trading volume so massive that the average becomes meaningless; $Advanced Biomed(ADVB.US) also rose 77%, hitting circuit breakers multiple times during the session.
I went through every announcement but couldn't find any substantial news—$Zhengye Biotechnology(ZYBT.US) makes veterinary vaccines, has a market cap in the tens of millions of dollars, and an incredibly small float; $Advanced Biomed(ADVB.US) does microfluidic cancer detection, has a market cap of less than ten million dollars, and just completed a 1-for-20 reverse stock split in February.
No news, low liquidity, Nasdaq micro-cap—the formula is identical to every previous meme stock: capital inflows and outflows are driven entirely by sentiment, and those catching the falling knife end up paying the bill. Watching the show is fine, but don't treat them as investment targets.
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